What works for your business may not work for another’s business, this is true in just about every aspect of a business, especially when trying to find an invoicing service. When searching for the right invoicing service for your business, here’s what you need to look for:
Currency
With everyone and anything being accessible on the internet, you have the opportunity to have a global clientele. But, with this you’ll need to be able to accept different currencies. So if you plan to have a global clientele, you need to make sure that whichever invoicing service you choose can accept multiple currencies – without charging you an arm and a leg for the conversion rates.
Fees
A rude awakening for most beginning business owners are the payment processing fees for credit cards. Although you can’t get rid of these fees entirely, you can at least do your research and shop around for the best deals. Look for an invoicing service that has a straightforward and easy fee structure.
Once you’ve found the most straightforward structure, be sure to compare how much the fees actually will be. Fees are important, but they aren’t everything. If they have a low service fee, but don’t accept foreign currency then it may not be suitable for you.
User Experience
Business owners like to get paid quickly and easily. Your business’ invoicing service needs to be both simple for you and your customers. There’s no use in using an invoicing service that is super complicated, your customers are going to think the same thing.
It’s difficult enough to get people to hand over their money, let alone if the process makes it even more difficult. Make sure your invoicing service accepts credit cards and ACH payments. Some prefer to have one or the other, but accepting different forms of payment will benefit your business.
If you do your research correctly, you’ll find several invoicing services! Business owners need to find the right one that works best for them. Following these 3 main tips will help you at least narrow down the search! Happy Hunting!
Be sure to visit the Bullfrog Blog often for more tips on productivity, marketing and risk mitigation. While you’re here, click below to get a quote!